BORODICONSTRUCT
ActiveThe computed 12-month bankruptcy probability of BORODICONSTRUCT is 4.0% (elevated). The 2024 annual accounts show equity of €41k and a net result of €15k. Equity is growing by ~42.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 3550 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability59=
Solvency38▲+5
Growth85=
Track record100
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 1.04 in 2023; short-term debt: 77.1% and cash: 10.7% of total assets), and 86.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
13.1%
Return on assets
4.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3550 sector peers (2024).
NBB · sector comparisonPosition among 3550 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
70 d late
2022
54 d late
2021
61 d late
2020
175 d late
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.40M▲ 45.4%
2023 · €963k
2019: €232k
2020: €493k
2021: €640k
2023: €963k
2019 → 2024
EBIT margin
1.7%▲ 0.3pp
2023 · 1.3%
2019: 0.7%
2020: 0.4%
2021: 0.4%
2023: 1.3%
2019 → 2024
Net result
€15k▲ 121%
2023 · €7k
2019: €1k
2020: €1k
2021: €2k
2022: €9k
2023: €7k
2019 → 2024
Working capital
€39k▲ 281%
2023 · €10k
2019: €5k
2020: €-7k
2021: €-7k
2022: €6k
2023: €10k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€493k-€640k▲ 29.7%€963k€1.40M▲ 45.4%
Equity€9k-€11k▲ 19.6%€20k▲ 80.9%€26k▲ 34.4%€41k▲ 56.6%
Operating result€2k-€3k▲ 23.0%€10k▲ 291%€13k▲ 26.0%€23k▲ 83.7%
Net result€1k-€2k▲ 27.0%€9k▲ 393%€7k▼ 23.0%€15k▲ 121%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 84% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €318k
Fixed assets
€34k▼ 30.8%
Current assets
€284k▼ 3.0%
Equity and liabilities €318k
Equity
€41k▲ 56.6%
Debt
€276k▼ 12.3%
The debt ratio falls from 92.2% to 86.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▼
2023 · €34k
Cash flow
€22k▼
2023 · €28k
Solvency
13.1%▲
2023 · 7.8%
Current ratio
1.16▲
2023 · 1.04
Quick ratio
1.16▲
2023 · 1.04
Debt / equity
6.66▼
2023 · 11.89
ROE
36.1%▲
2023 · 25.6%
ROA
4.7%▲
2023 · 2.0%
Interest coverage
86.46▲
2023 · 15.02
Debt
€276k▼
2023 · €315k
Debt ≤ 1 year
€245k▼
2023 · €282k
Debt > 1 year
€31k▼
2023 · €33k
Income taxes
€9k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€342k€318k▼
Fixed assets21/28€49k€34k▼
Tangible fixed assets22/27€49k€34k▼
Furniture and vehicles24€49k€34k▼
Financial fixed assets28€303€303=
Current assets29/58€292k€284k▼
Amounts receivable within one year40/41€262k€250k▼
Trade receivables40€222k€184k▼
Other amounts receivable41€40k€65k▲
Cash at bank and in hand54/58€30k€34k▲
Equity and liabilities
Total equity and liabilities10/49€342k€318k▼
Equity10/15€26k€41k▲
Contributions10/11€7k€7k=
Capital10€7k€7k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Profit (loss) carried forward14€19k€34k▲
Amounts payable17/49€315k€276k▼
Amounts payable after more than one year17€33k€31k▼
Financial debts170/4€33k€31k▼
Amounts payable within one year42/48€282k€245k▼
Current portion of amounts payable after more than one year42€15k-
Trade debts44€262k€193k▼
Suppliers440/4€41k€193k▲
Bills of exchange payable441€221k-
Taxes, remuneration and social security45€6k€52k▲
Taxes450/3€6k€52k▲
Income statement
Code20232024
Turnover70€963k€1.40M▲
Goods, raw materials, services and sundry goods60/61€928k€1.36M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€7k▼
Other operating charges640/8€384€3k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€35k€43k▲
Operating profit (loss)9901€13k€23k▲
Financial income75/76B€539€1k▲
Recurring financial income75€539€1k▲
Financial charges65/66B€2k€354▼
Recurring financial charges65€2k€354▼
Profit (loss) for the period before taxes9903€11k€24k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€7k€15k▲
Profit (loss) for the period to be appropriated9905€7k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€34k▲
Profit (loss) brought forward from the previous period14P€12k€19k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 74 days late
2024
31-12
Financial
Highest result since 2019net €15k ▲121%
Operating result €23k, net result €15k, both a record.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 70 days late
2023
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 54 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 175 days late
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gounodlaan 721070 AnderlechtGround area
123 m²
Building footprint
62 m²
Volume, LiDAR
673 m³
Parcel 21308H0473/00X002, Brussels · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Gounodlaan 72, 1070 Anderlecht
since 20182.281.263.816
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0473/00X002 | Brussels | 123 m² | 1 · 62 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0740.546.104
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HANS DRIESEN
BE 0843.097.274
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692 TERRASSEMENT
BE 0792.164.158
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Hannes Verwilst
BE 1016.060.350
Wingene · Eq €42k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,232. 2,411 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-2018
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43350Other building finishing work
53100Postal and courier activities
81220Other building cleaning and industrial cleaning
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.